142-144 North Street, Somerville, MA 02144
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$1,345,000
2 Unit
6 Beds
2 Baths
2702 SQFT
0.09 Acre

Property Description

This well-maintained two-family home offers an incredibly rare opportunity to own a cash-flowing property in one of Somerville’s most desirable neighborhoods. Ideal for both investors and owner-occupants, the upper unit alone generates $5,000 per month in rental income, making this an excellent option for anyone looking to significantly offset their mortgage while living in the lower unit. The property features two distinct units with a total of six bedrooms and two bathrooms and has been thoughtfully updated during the seller’s ownership. Recent improvements include new exterior decks, a French drain, updated kitchens, and regularly serviced mechanical systems. A spacious two-car garage adds meaningful convenience and value. Located just blocks from Tufts University in the highly sought-after West Somerville neighborhood, the property benefits from strong rental demand. This is a truly turnkey opportunity for buyers seeking dependable income and predictable ownership.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Amenities: Bike Path, Conservation Area, Highway Access, Park, Public School, Public Transportation, Swimming Pool, Tennis Court, University, Walk/Jog Trails
  • Basement Features: Concrete Floor, Interior Access, Sump Pump, Unfinished Basement, Walk Out
  • Common Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 90000
  • Gross Expenses: 7180
  • Water/Sewer: 1935
  • INSC: 3104
  • Repairs & Maintenance: 1178
  • Management Fee: 963
  • Net Operating Income: 90000

Utilities

  • Electric Info: 200 Amps, Individually Metered
  • Energy Features: Storm Doors
  • Utility Connections: for Gas Dryer, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1920
  • Foundation Info: Concrete Block, Fieldstone
  • Roof Material: Shingle, Slate
  • Flooring Type: Hardwood, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73474346
  • Last Updated: 02/04/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
02/04/2026New$1,345,000$498MLSPIN

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Seller's Representative: Robert Lavey, Donnelly + Co.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-02-04 15:39:00

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